Flat
DRAFT DETAILS - awaiting vendor approval
Investment opportunity! Three self-contained flats available just around the corner from Newport City Centre. Each of these flats offer one bedroom, fitted kitchens/ diners, and modern bathrooms. This property is ideally located within walking distance to Newport City Centre, which plays host to a choice of shops, restaurants, and Newport Train Station. For those travelling out of the city, this home offers fantastic road links to the M4 via the A48. There is plenty to do nearby on the weekends, with Belle Vue Park and Friars Walk close by. This property offers three self-contained flats, of which two have one bedroom, and one flat has two bedrooms. All the flats are smartly decorated with neutral colours, modern fitted kitchens and modern bathrooms. The ground floor flat offers an open plan kitchen/reception room, a spacious double bedroom, and a bathroom with a bath with shower overhead. This flat also has access to the shared garden via the door by the kitchen. The second flat offers two bedrooms, one of which is a bright and spacious loft room. This flat also offers an open plan kitchen/reception room and a bathroom with a bath with shower overhead. On the same floor of the property as the second flat is the entrance to the third flat with a kitchen/reception room on this floor. Stairs then lead down from the reception room to the bedroom and bathroom on the ground floor. The door in the bedroom leads out to the shared garden. Upon entering the low-maintenance rear garden, you are greeted to the well-maintained patio. Following the patio leads to the shared rear garden featuring artificial grass and slate chippings.
Please be advised that whilst our partner agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
See Legal Pack.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
